*stock recently broke out of a major bearish trendline
*stock on daily chart near 5700-800 had shown positive divergence
*band breakout plus pattern break
*after trendline break the stock was consolidating after strong move up
*during this period it made a bullish flag pattern
BAJFIN FUT
BUY@6420-40...
New Study For Paper Trade
Buy Bajaj Finance Ltd Near 5880-5900 (Add More at 5800)
StopLoss :5750
Target : 6200-6500
Study Logic
👉 Weekly Demand Zone
Only For Paper Trade And Education Purpose
Don't Real Trade
I am not sebi Registered Here Post is only for Education purpose i am not responsible for any profit and loss.
SUMMARY:-
*stock has finally moved below 5950
*if closes below 5950 today
*then again can move towards 5750-5650
*will trail stop loss@6055
*safe traders can wait for move below 5900
TO BE UPTO DATE
-check the signature box below
-for live updates
*channel view shared early and updated
DISCLAIMER
*my views are not trade recommendation
*please consult your...
NSE:BAJFINANCE
Observations:
1) On 15 min Time Frame, it has come out from the Resistance channel .
Please refer below chart : 15min time frame.
-------------------------------------
Trade Setup for 30-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is...
SUMMARY:-
*stock has broken from ascending triangle pattern
*holding above 6000
*will look at previous resistance turned support level of 5950 as support zone
*on upside stock can make a move for 6200-6250
*for early updates check the signature box below
TO BE UPTO DATE
-check the signature box below
-for live updates
*channel view shared early and...
NSE:BAJFINANCE
Observations:
1) On 15min Time Frame, we can see a triangle pattern formation.
Please refer below chart : 15min time frame.
-------------------------------------
Trade Setup for 23-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is...
NSE:BAJFINANCE
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
The stock has been respecting a trendline.
The trendline has been retested 3-4 times. Watch the stock to break above the trendline and 16325 levels
The trade can be activated next week.
Support :- 15100-15238
look for a nice candlestick pattern near the levels and trade accordingly.
BAJFIN FUT TRADE
BUY@5980
STOP@5820
TARGET@6200-6300-6400
*this view is my personal view trade with strict stoploss
*view may differ from others so trade with solid mind
*once in profit and first target is achieved
*trail your trade
*do not overtrade
*for more index and stock updates check the link in the signature box below
*early analysis through link channel
👇👇👇👇👇👇👇👇👇
SUMMARY:-
*again avoid a single day action candle we will witness a head and shoulder formation break in daily chart
*in hourly time frame we can see double top formation breakdown
*after initial selloff it re-tested the breakdown zone and came down again
*one can wait to go short at higher levels near the breakdown line of 6900
*or one can initiate fresh shorts...
NSE:BAJFINANCE
These levels are for this week of Nov 2021.
Observations:
1) On daily time frame, we can see that it took good support from 10DMA but closed below 21DMA.
10DMA is placed at 7545.32 level
and 21DMA is placed at 7676.76 level.
21DMA is immediate resistance while 10DMA is immediate major support now.
Please refer below chart : 1 day Time...
SUMMARY:-
-stock after 2-3 weeks of consolidation fires
-recent trend analysis shows stock rallies after a good run in finserv
-ascending triangle pattern on daily chart good signs
-20 ema was respected and defended
-close below the trending and a move below 7550 will be considered negative
-stock on watchlist
-breakout trade
-range expansion will be our target
NSE:BAJFINANCE
Observations:
1) On 1 day time frame, we can see that after opening gap up since last two days it is facing profit booking.
But good thing is that it took support from 10DMA and closed above 7850 level. Which is partially good sign for BAJFINANCE.
If we see in recent days, it spend very less days below 10DMA. Hence breakdown of 10DMA on daily...
bajaj finance currenty 2 times facing 8000 level.
Now when its come 3rd time its not an important level as resistance for me.
its currently did pattern "cup & handle "
8% immidiate target .
our stoploss is7600
buy in its green zone.
thank you..
EXPLANATION : This is a 30 min time frame chart of BAJFINANCE . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on BAJFINANCE . If give a strong breakdown and broke its trendline support & demand zone with high volumes and...
EXPLANATION : This is a 15 min time frame chart of BAJFINANACE , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates...
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]](https://s3.tradingview.com/j/JuencSfD_mid.png "Simple Trade Setup | BAJFINANCE | 30-05-2022 [INTRADAY]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]](https://s3.tradingview.com/5/57KjpEN7_mid.png "Simple Trade Setup | BAJFINANCE | 23-05-2022 [INTRADAY]")
![BAJFINANCE: Simple Trade Setup | BAJFINANCE | 2nd Week Nov 2021 [ intraday ]](https://s3.tradingview.com/o/OmYVtdFE_mid.png "Simple Trade Setup | BAJFINANCE | 2nd Week Nov 2021 [ intraday ]")
